Home  »  Markets   »  Air Lease Corporation (NYSE:AL) Undervalued? Funda...

Air Lease Corporation (NYSE:AL) Undervalued? Fundamentals Hard To Beat?

Air Lease Corporation (NYSE:AL) shares fell to a low of $44.26 before closing at $45.75. Intraday shares traded counted 0.7 million, which was 21.81% higher than its 30-day average trading volume of 896.64K. AL’s previous close was $45.55 while the outstanding shares total 113.96M. The firm has a beta of 2.17, a 12-month trailing P/E ratio of 11.65, and a growth ratio of 0.97. The stock’s Relative Strength Index (RSI) is 46.28, with weekly volatility at 3.51% and ATR at 1.68. The AL stock’s 52-week price range has touched low of $24.52 and a $52.96 high. The stock traded higher over the last trading session, gaining 0.44% on 05/19/21.

Investors have identified the Rental & Leasing Services company Air Lease Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $5.03 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Air Lease Corporation (AL) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 1.35 billion total, with 451.09 million as their total liabilities.

AL were able to record -315.39 million as free cash flow during the 08/12/2021 quarter of the year, this saw their quarterly net cash flow reduce by -405.57 million. In cash movements, the company had a total of 234.29 million as operating cash flow.

Potential earnings growth for Air Lease Corporation (AL)

In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/12/2021 quarter of the year, Air Lease Corporation recorded a total of 474.83 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -7.7% coming in sequential stages and their sales for the 08/12/2021 quarter reducing by -3.01%.

What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 474.83 million trying to sell their products during the last quarter, with the result yielding a gross income of 371.3 million. This allows shareholders to hold on to 113.96M with the recently reported earning now reading 0.74 cents per share. This is a figure that compared to analyst’s prediction for their 08/12/2021 (0.70 cents a share).

Having a look at the company’s valuation, the company is expected to record 5.45 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on AL sounds very interesting.

Is the stock of AL attractive?

In related news, EVP, Korde Kishore sold 29,387 shares of the company’s stock in a transaction that recorded on Mar 12. The sale was performed at an average price of 51.96, for a total value of 1,526,993. As the sale deal closes, the EVP, Levy Grant A now sold 10,000 shares of the company’s stock, valued at 514,006. Also, EVP & MANAGING DIRECTOR, ASIA, Chen Jie sold 30,000 shares of the company’s stock in a deal that was recorded on Mar 08. The shares were price at an average price of 49.00 per share, with a total market value of 1,470,000. Following this completion of acquisition, the CEO AND PRESIDENT, Plueger John L now holds 79,323 shares of the company’s stock, valued at 3,631,732. In the last 6 months, insiders have changed their ownership in shares of company stock by 2.80%.

9 out of 9 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on Air Lease Corporation. 0 analysts has assigned a Sell rating on the AL stock. The 12-month mean consensus price target for the company’s shares has been set at $55.57.

Leave a Comment

Your email address will not be published. Required fields are marked *